Sayari Acquires Mirato, Combining Global Commerce and Trade Data with AI Workflow Automation
Grove Ventures portfolio company Mirato has been acquired by Sayari, a global leader in commercial network risk intelligence. This strategic move brings Mirato’s AI-driven third-party risk management (TPRM) technology into Sayari’s data-rich platform, forming a new category of integrated risk intelligence.
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Q: What did Mirato build, and why was it valuable?
A: Mirato developed a pioneering AI solution that automates third-party risk assessments with a remarkable >90% accuracy rate, zero hallucinations, and 100% consistency. Furthermore, it adapts to each organization’s specific control framework and streamlines risk workflows that were traditionally slow, manual, and error-prone. This technology stood out in the market for turning complex regulatory and compliance processes into efficient, scalable systems.
Q: What does this acquisition mean for the risk intelligence space?
A: It signals a major leap forward. With Sayari’s vast global commerce graph—more than 8.6 billion records across 250 jurisdictions, now coupled with Mirato’s AI automation layer, organizations gain a single, unified platform to assess and act on supply chain and third-party risks. This means faster, more intelligent, and more reliable risk decisions at enterprise scale.
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At Grove, we backed Mirato because of its unique approach to automating a critical, underserved layer of enterprise risk. This acquisition validates our belief in the power of AI to reshape complex legacy workflows, and it’s a meaningful outcome for a team that consistently delivered on both vision and execution.
Finally, you can find the official announcement from Sayari here.